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Atlas African Industries (LSE:AAI) Shares Outstanding (Basic Average) : 1,228.36 Mil (As of Jun. 2016)


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What is Atlas African Industries Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Atlas African Industries's average basic shares outstanding for the quarter that ended in Jun. 2016 was 1,228.36 Mil.


Atlas African Industries Shares Outstanding (Basic Average) Historical Data

The historical data trend for Atlas African Industries's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Atlas African Industries Shares Outstanding (Basic Average) Chart

Atlas African Industries Annual Data
Trend Dec11 Dec12 Jun13 Jun14
Shares Outstanding (Basic Average)
393.92 393.92 - 283.72

Atlas African Industries Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun16
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 393.92 393.92 283.72 377.57 1,228.36

Atlas African Industries Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Atlas African Industries  (LSE:AAI) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Atlas African Industries Shares Outstanding (Basic Average) Related Terms

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Atlas African Industries (LSE:AAI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

Atlas African Industries (LSE:AAI) Headlines

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